645 Valley High Avenue SE
Albuquerque, NM 87105

Description

Buy an 8-plex and get a HOUSE FOR FREE! Net Income on 8-plex units is $ 30,814at 7.75% CAP Rate price would be $397,000 we're throwing in the house at no additional chargethat's $900/month of free income! Updates include new double pane Low-E windows, roof mounted swamp coolers, refinished hard wood floors in half of the units, updated septic system, newer water heaters in half the units, $10,000 worth of new electrical in 2012. House remodeled in 2012. Ownership group contains Realtors. Listing Broker is not an owner.

Details

MLS#902621
Sub-TypeResale
StatusActive
Year1959
Days On Site238

Features

SQ Feet5,872
Units9
Building(s)3

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87105
Area91 - Valley Farms
Listing VS Median (in 87105)
Price:
$395,000
low | high
Med:
$159,000
100% of Average
SqFt:
5,872
low | high
Med:
2,642
100% of Average
$ / SqFt:
$67
low | high
Med:
$60
60.534980212536% of Average
On Site:
238
low | high
Med:
203
100% of Average
Listing Updated: 05/22/2018
MLS Number: 902621
Listing Provided By:
Steve Kraemer  of  Maestas Ward Commercial RE